Westpac Banking Corporation (NZE: WBC)
New Zealand
· Delayed Price · Currency is NZD | Market Cap | 127.21B |
| Revenue (ttm) | 22.93B |
| Net Income (ttm) | 7.62B |
| Shares Out | n/a |
| EPS (ttm) | 2.09 |
| PE Ratio | 16.71 |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | Nov 7, 2024 |
| Volume | 12,968 |
| Open | 36.50 |
| Previous Close | 36.52 |
| Day's Range | 36.50 - 37.37 |
| 52-Week Range | 22.85 - 37.79 |
| Beta | n/a |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Feb 17, 2025 |
About Westpac Banking
Westpac Banking Corporation provides banking and other financial services in Australia, New Zealand, the Pacific Islands, Asia, the Americas, and Europe. The company operates through four segments: Consumer, Business & Wealth, Westpac Institutional Bank, and Westpac New Zealand. It offers savings, term deposit, business transaction, not-for-profit transaction, foreign currency, farm management deposit, project and retention trust, and statutory trust accounts; home, personal, business, and commercial loans; vehicle and equipment finance; busine... [Read more]
Financial Performance
In 2024, Westpac Banking's revenue was 21.05 billion, an increase of 0.26% compared to the previous year's 21.00 billion. Earnings were 6.99 billion, a decrease of -2.85%.
Financial numbers in AUD Financial StatementsNews
Westpac expect another Reserve Bank of New Zealand 50bp interest rate cut in February
The RBNZ cut the OCR by 50bps to 4.25% today: RBNZ Gov Orr says tariffs would put up pressure on price levels globally RBNZ Gov says it's a misunderstanding that RBNZ projections show slower pace of r...
Australian CPI due at the bottom of the hour - what to expect and why its not official
Snippet preview via Commonwealth Bank of Australia: We anticipate headline CPI inflation remained at 2.1%/yr in October. While a soft monthly outcome a year ago makes it hard for the annual rate to re...
ForexLive Asia-Pacific FX news wrap: Gold, BTC up
Federal Reserve Board Governor Michelle Bowman speaking Friday Just over half of economists surveyed expect the Bank of Japan to hike rates in December European Central Bank President Lagarde, plus Na...
RBA first cut forecasts from Australia's 4 biggest banks
Westpac revised their first cut forecast to May from February: Westpac revise its RBA forecast - see later but faster interest rate cuts Of Australia's four biggest banks, National Australia Bank (NAB...
Macquarie, Westpac and CBA big losers from $350m rural bank levy
Confidential details shared with industry participants show the size of the cost to the biggest lenders as Treasury attempts to keep regional branches open.
Incoming Westpac boss Miller poaches Wild from BHP
Anthony Miller has made his first move at the nation’s second-largest bank, recruiting his head of sustainability Fiona Wild from BHP.
Ex-Westpac treasurer named to Imperium Markets advisory board
The new board will be headed up by Imperium chairman Rod Lewis, former Westpac treasurer Curt Zuber and former MBIA UK chairman and chief executive Chris Weeks.
Woolworths, Westpac funds back controversial $500m anti-crime start-up
Auror’s use of AI technology to help retailers track criminals led to an Information Commissioner investigation, but investors aren’t worried.
Two Westpac directors leave after just three years on coveted board
The resignations add to a significant transition for the bank, with a new chairman appointed last year and a fresh chief executive starting next month.
New Zealand employment report recap - nothing to shift the RBNZ's view
The data is here: New Zealand Q3 unemployment rate 4.8% (expected 5.0%, prior 4.6%) Westpac have a handy summary up, we don’t think that there’s anything in today’s figures that would shift the RBNZ’s...
Full Year 2024 Westpac Banking Corp Earnings Presentation Transcript
Full Year 2024 Westpac Banking Corp Earnings Presentation Transcript
Westpac Banking Corporation (WEBNF) Q4 2024 Earnings Call Transcript
Westpac’s departing King sees two pain points for Australia
Peter King leaves having steered Westpac through an impressive turnaround. But he sees two problems Australia needs to solve.
Incoming Westpac boss Anthony Miller takes on bank’s tech rescue
A $3 billion-plus technology project known as Unite will become a key plank of the new Westpac boss’ agenda when he takes the reins next month.
Westpac CEO’s final profit a reminder how much banking has changed
Peter King’s final result as Westpac CEO was pitched around one word: discipline.
MinRes boss to leave; AFP search PwC’s HQ; Westpac’s CEO in $7b exit
Read everything that’s happened in the news so far today.
Westpac Annual Profit Falls 3%, But Upbeat on Prospects
The lender said its annual net profit fell by 3%, but signaled hopes that demand for housing and business credit will rise in 2025 as Australia’s central bank joins global counterparts in cutting inte...
Westpac Annual Profit Falls 3%, But Upbeat on Prospects
The lender said its annual net profit fell by 3%, but signaled hopes that demand for housing and business credit will rise in 2025 as Australia's central bank joins global counterparts in cutting inte...
Westpac’s profit jumps 10% as its income rises and impairment costs fall
CEO says bank 'acted swiftly'' to pass falling interest rates on to customers.
Westpac's (WBC) Annual Net Profit Sees Slight Decline Despite Beating Expectations
Westpac's (WBC) Annual Net Profit Sees Slight Decline Despite Beating Expectations
Westpac’s King signs off with $7b profit, juicy dividend
Outgoing CEO Peter King said the economy was “showing positive signs” and predicted interest rate relief arriving in 2025.
Australian lender Westpac's annual profit falls 3%, increases buyback
Australia's Westpac Banking Corp reported a 3% fall in annual profit on Monday, due to rising costs and intense competition in the mortgage market, while it increased its buyback program by an additio...
Westpac Faces Tough 2025 as Australian Rates Slip; Shares Swing
Westpac Banking Corp.’s profit beat estimates as higher interest rates buoyed the bank’s margins and handed investors an additional buyback worth A$1 billion ($660 million) as well as a special divide...
ASX 200 LIVE: Shares rise; MinRes managing director and chairman to exit; Westpac ups buyback by $1 billion; Chevron inks Hexagon gas deal; Telix cheers US fee rule; Fletcher unit to fight NZ regulator claim.
Shares rise; MinRes managing director and chairman to exit; Westpac ups buyback by $1 billion; Chevron inks Hexagon gas deal; Telix cheers US fee rule; Fletcher unit to fight NZ regulator claim. Follo...
Bank investors alert for margins and costs reckoning
As Westpac kicks off a week of bank results, analysts are looking for evidence of margin pressure from intensifying competition amid soft lending.